Netac "USB flash Drive" trademark is revoked: belongs to the commodity common name

Source: Internet
Author: User
April 9 News, the 7-year-old "USB disk" trademark dispute is expected to be over.  NETAC Technology issued a notice that the company registered trademark "flash drive" by the Industrial and Commercial administration of the Trademark Review Committee (hereinafter referred to as "commercial judges"), because the trademark is the general name of the commodity.  October 18, 2002, the Chinese flag company to NETAC owned "flash drive" trademark to the business judges to withdraw the application to the dispute trademark is the general name of the reason for the request of the judges to revoke the company's "USB" trademark.  Two years later, October 13, 2004, the business judges to revoke the "flash drive" trademark decision; but Netac subsequently to the Beijing First Intermediate People's Court to the commercial judges of the administrative proceedings, in February 2006, the court decision by the commercial judges on the "flash drive" trademark controversy case to reopen.  It was not until March 15, 2010 that the business judges again ruled that the "USB flash drive" trademark was the common name of the commodity and was revoked. Netac in the announcement, "USB flash" trademark is one of the company's intangible assets, has been amortized in July 2009, is currently on the financial book value of zero.  Therefore, the "USB flash drive" trademark was revoked and had no significant effect on the current profit or profit after the period. NETAC has decided to bring an administrative lawsuit against the Beijing-China court on the ruling. (Wen)

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